Argus Media is the latest organisation to launch a pricing service for low-carbon ammonia, following on from CRU and S&P Global Commodity Insights. The services build on existing methodologies, assumptions and trade routes for fossil-based ammonia.
Global
Current certification gaps hindering development of a global market: new IRENA report
IRENA and RMI’s new report Creating a global hydrogen market: Certification to enable trade concludes that there are significant gaps and conflicts in current certification schemes. Inconsistent labelling thresholds, accounting boundaries, and production pathways are the main areas of concern. The report offers several recommendations to support the harmonisation of certification frameworks, warning that schemes cannot continue to develop in a “patchwork” manner.
Green Hydrogen Catapult welcomes new ammonia energy players to its coalition
The coalition of industry first-movers has announced three new members and an expanded target for electrolyser deployment (45 GW amongst its members by 2026). Ammonia energy players Power2X, Hy Stor Energy and ReNew Power all joined last month.
Mitigating emissions risks from ammonia-powered vessels
Technology solutions to manage emissions from ammonia-powered internal combustion engines will be commercially available on a similar timeline to the engines themselves, a new report from the Mærsk Mc-Kinney Møller Center concludes. Although the authors are confident ammonia combustion emissions (including the potent greenhouse molecule N2O) will be successfully minimised, key gaps include a lack of industry-wide emissions thresholds and a poor understanding of the well-to-tank emissions of ammonia fuel, particularly CCS-based ammonia.
Quantifying the environmental impacts of ammonia at sea
In our latest episode of Maritime Ammonia Insights, we explored the findings of a new, landmark environmental study: Ammonia at Sea. Speakers representing the report’s co-authors joined us to discuss the results, what further work is required and how the report is being incorporated into policy discussions at the IMO.
Ammonia at Sea: exploring the potential impact on marine ecosystems
Hear more from the authors of the Ammonia at Sea report: an analysis of everything currently known about ammonia’s behaviour in the aquatic environment, plus the potential impacts of the use of ammonia as a marine fuel.